Binance Japan continues to make listing moves. According to the announcement made on the official blog on February 27, SUI and FIL will be listed on Binance Japan tomorrow (March 5). Along with the recent rises in altcoin projects, such positive news flows are also helping the projects to gain momentum. So, what are the notable details in the SUI and FIL charts? Let’s examine them together.
SUI Chart Analysis
SUI experienced a notable rise after receiving backlash from many investors due to the process during the airdrop event. During this period, the rising channel formation on the daily chart continues to attract attention. Most recently, SUI touched the resistance line and has fallen below the EMA 9 (blue line) level with a downward momentum in recent days.
The most important support levels to watch on the daily chart for SUI are, respectively; $1.4882, $1.3723, and $1.2372. Particularly, a daily bar close below the significant support level of $1.4882 will cause SUI’s price to lose momentum.
The most important resistance levels to follow on the daily chart for SUI are, respectively; $1.5696, $1.7261, and $1.9456. Especially, a daily bar close above the critical hurdle of $1.7261 will help SUI’s price to gain momentum.
FIL Chart Analysis
The daily FIL chart shows a rising channel formation. The resistance break in the first week of January turned out to be a bull trap, causing many investors to incur losses. However, FIL, which has broken the resistance line in the latest bar formations, could achieve the anticipated rise following the Binance Japan listing tomorrow.
The most important support levels to watch on the FIL chart are, respectively; $9.4931, $8.8020, and $8.1611. Particularly, a daily bar close below the $8.8020 level, which intersects with the EMA 9, could cause FIL’s price to lose momentum.
The most important resistance levels to note on the daily FIL chart are, respectively; $10.2983, $10.9149, and $11.6021. Especially, a daily bar close above the significant resistance of $10.9149 will help FIL’s price to gain momentum.
